Universal Cables Ltd
Universal Cables Ltd is predominantly engaged in the business of manufacturing a large range of power cables from 1.1kV to 400kV & capacitors, Turnkey Projects
relating thereto and other types of wires and cables, conductors, etc. [1]
- Market Cap ₹ 1,275 Cr.
- Current Price ₹ 368
- High / Low ₹ 430 / 123
- Stock P/E 10.8
- Book Value ₹ 431
- Dividend Yield 0.39 %
- ROCE 12.0 %
- ROE 8.47 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.86 times its book value
- Debtor days have improved from 190 to 148 days.
Cons
- Company has a low return on equity of 7.08% over last 3 years.
- Earnings include an other income of Rs.86.0 Cr.
- Dividend payout has been low at 6.97% of profits over last 3 years
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Cables Industry: Cables - Power
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
817 | 1,180 | 1,415 | 1,568 | 1,280 | 1,813 | 2,202 | |
742 | 1,073 | 1,240 | 1,402 | 1,189 | 1,690 | 2,017 | |
Operating Profit | 75 | 107 | 175 | 166 | 91 | 123 | 185 |
OPM % | 9% | 9% | 12% | 11% | 7% | 7% | 8% |
52 | 52 | 79 | 81 | 88 | 78 | 86 | |
Interest | 44 | 53 | 62 | 77 | 63 | 78 | 97 |
Depreciation | 19 | 21 | 21 | 23 | 26 | 24 | 22 |
Profit before tax | 65 | 84 | 170 | 147 | 90 | 99 | 152 |
Tax % | -9% | 2% | 20% | 39% | 25% | 24% | 22% |
Net Profit | 70 | 83 | 136 | 90 | 67 | 75 | 118 |
EPS in Rs | 20.32 | 23.84 | 39.16 | 25.96 | 19.38 | 21.60 | 34.05 |
Dividend Payout % | 0% | 6% | 5% | 8% | 5% | 7% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 12% |
TTM: | 21% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 10% |
TTM: | 58% |
Stock Price CAGR | |
---|---|
10 Years: | 31% |
5 Years: | 20% |
3 Years: | 49% |
1 Year: | 166% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 7% |
Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
35 | 35 | 35 | 35 | 35 | 35 | 35 | |
Reserves | 647 | 800 | 964 | 955 | 1,101 | 1,260 | 1,462 |
288 | 394 | 541 | 621 | 609 | 694 | 657 | |
175 | 299 | 310 | 571 | 606 | 770 | 657 | |
Total Liabilities | 1,144 | 1,527 | 1,851 | 2,183 | 2,351 | 2,758 | 2,810 |
134 | 122 | 155 | 172 | 187 | 167 | 161 | |
CWIP | 0 | 17 | 2 | 17 | 0 | 2 | 11 |
Investments | 518 | 634 | 740 | 847 | 1,025 | 1,190 | 1,359 |
492 | 756 | 954 | 1,146 | 1,138 | 1,400 | 1,280 | |
Total Assets | 1,144 | 1,527 | 1,851 | 2,183 | 2,351 | 2,758 | 2,810 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
70 | -42 | -59 | 38 | 90 | -12 | 143 | |
-13 | -18 | -27 | -42 | -16 | -7 | -15 | |
-61 | 62 | 84 | 4 | -72 | 16 | -127 | |
Net Cash Flow | -3 | 2 | -1 | -0 | 2 | -3 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|
Debtor Days | 139 | 159 | 157 | 187 | 229 | 195 | 148 |
Inventory Days | 89 | 71 | 101 | 89 | 101 | 79 | 61 |
Days Payable | 95 | 114 | 96 | 106 | 124 | 118 | 63 |
Cash Conversion Cycle | 133 | 116 | 162 | 169 | 206 | 155 | 146 |
Working Capital Days | 134 | 125 | 163 | 163 | 215 | 171 | 149 |
ROCE % | 12% | 17% | 14% | 9% | 9% | 12% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
27 May - From time to time, read with SEBI Circular No. CIR/CFD/CMDl/27/2019 dated 8th February, 2019, we are enclosing herewith the Annual Secretarial Compliance Report dated 25th …
- Compliance Under Regulation 23(9) Of The SEBI (LODR) Regulations 2015 18 May
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Announcement under Regulation 30 (LODR)-Newspaper Publication
20 May - In pursuance to Regulation 47 of SEBI (LODR) Regulations, 2015, we are enclosing Newspaper advertisement regarding publication of Audited Standalone and Consolidated Financial Results of …
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Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
19 May - The Company has executed the Deed of Amendment on 19th May, 2023, to the Manufacturing Technical Collaboration Agreement dated 9th August, 2018 ('MTCA') by and …
- Corporate Action-Board approves Dividend 18 May
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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Wide Range of products
Under the cable division, the co. has a very wide range of products including Low Voltage (LV), Medium Voltage (MV), and Extra High Voltage (EHV) Power Cables up to 500 kV grade and PVC and Rubber Insulated Power Cables up to 11 kV grade. This enables the company to cater to a wide range of customer requirements. [1]